The KraneShares Bosera MSCI China A ETF (NYSEArca: KBA) is the lone U.S.-listed A-shares ETF that tracks an MSCI index. KBA is up 38.3% this year. The Market Vectors ChinaAMC SME-ChiNext ETF (NYSEArca: CNXT) and the Deutsche X-trackers Harvest CSI 500 China A-Shares Small Cap Fund (NYSEArca: ASHS) have significant exposure to Shenzhen-traded issues. Those two ETFs are this year’s two best non-leveraged performers.
CNXT tracks the SME-ChiNext 100 (SZ399611), which provides exposure to the 100 most liquid mid- and small-cap stocks that trade on the Small and Medium Enterprise (SME) Board and the ChiNext Board of the Shenzhen Stock Exchange (SZSE). The SME Board is viewed as China’s NASDAQ, leading to CNXT’s heavy tech exposure.
MSCI is “considering an initial weighting of 5 percent for China A shares when they are first included in its Emerging Markets index,” according to Reuters.
KraneShares Bosera MSCI China A ETF (NYSEArca: KBA)
